Is Milo, IA 50166 a buyer’s or seller’s market?
Milo is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Milo housing market right now
In the three months ending August 31, 2026, 0% of homes in Milo, IA 50166 sold above their list price, the typical home went under contract in 7 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (36 days then) and the median sale price fell 64% to $137,890. Overall, Milo is less competitive than a year ago, which gives buyers more room.
Within Warren County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Lacona 50139 (100% sold over asking) and Martensdale 50160 (100% sold over asking) are even more competitive.
Run the numbers for 50166
Nearby markets
Ackworth 50001 — /sq ftCarlisle 50047Seller’s market $205 /sq ftHartford 50118Buyer’s market $193 /sq ftIndianola 50125Seller’s market $219 /sq ft Browse all markets →Towns like Milo nearby
Find towns like Milo in other states →Where Milo is
Loading map…
Questions about Milo real estate
Is Milo a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Milo, IA 50166 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Milo?
The typical home went under contract in 7 days in the latest three months.
Do homes in Milo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Milo?
About 1.43% of a home’s value a year in Warren County, or roughly $5,720 on a $400,000 home.
What is the median home price in Milo?
The median sale price was $137,890 in the three months ending August 31, 2026, about $135 per square foot.
Local agents
See all agents in 50166 →No sponsored agents in 50166 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50166
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology